What Happens To DeFi Today? (20 Dec 2022, Tuesday)

By quantdoge | What Happens To Crypto Today? | 20 Dec 2022

"What happens to DeFi today?" is a crypto news curator that curates high-quality and insightful DeFi news for you daily.

Here are the news for you today.

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CHAINLINK (LINK)

Current Price: $ 5.89 (24h Changes: -2.29 %)

Current Market Cap: $ 2,894,273,862 (24h Changes: -2.04 %)

Positive News

ChainLink price analysis: LINK gains value at $6

Source: Cryptopolitan

Date: Mon, 19 Dec 2022 08:04:46

ChainLink price analysis for December 19, 2022, reveals the market following an upward movement, showing increasing momentum, signifying positivity for the LINK market. The price of ChainLink has remained bearish over the past few hours.

Neutral News

Source: Coingape

Date: Mon, 19 Dec 2022 12:44:14

The crypto market struggle continues following the collapse of FTX, with contagion reaching DCG's Genesis and Grayscale. Also, market-wide selloff due to Binance FUD and the hawkish U.S. Federal Reserve.

UNISWAP (UNI)

Current Price: $ 5.12 (24h Changes: -4.51 %)

Current Market Cap: $ 3,857,756,863 (24h Changes: -4.28 %)

Neutral News

Uniswap price analysis: UNI oscillates towards $5.0 support as the wall of sellers appears

Source: Cryptopolitan

Date: Mon, 19 Dec 2022 14:57:01

Uniswap price analysis reveals that UNI is currently trending towards its $5 support as the wall of sellers appears. The wall of sellers, often referred to as a “bearish flag” or “resistance line,” is an indication that traders may be taking profits, or bearish sentiment could be rising.

AAVE (AAVE)

Current Price: $ 54.19 (24h Changes: -3.65 %)

Current Market Cap: $ 770,120,881 (24h Changes: -3.39 %)

Neutral News

CME Group, CF Benchmarks launch new DeFi reference rates for Aave, Curve and Synthetix

Source: The Block

Date: Mon, 19 Dec 2022 12:45:29

CME Group and CF Benchmark launched reference rates and real-time indices for Aave, Synthetix, and Curve. The post CME Group, CF Benchmarks launch new DeFi reference rates for Aave, Curve and Synthetix appeared first on The Block.

LIDO-DAO (LDO)

Current Price: $ 0.98 (24h Changes: -1.11 %)

Current Market Cap: $ 803,617,385 (24h Changes: -1.02 %)

Neutral News

KyberSwap Farms Wrapped stETH With Lido Finance

Source: Altcoin Buzz

Date: Mon, 19 Dec 2022 06:34:53

Lido Finance is one of the biggest Ethereum-based liquid staking providers. They have now formed a partnership with multi-chain DEX aggregator KyberSwap.